bobford79 at yahoo.com
Sun Jan 11 13:48:45 EST 2009
I think what you are saying Leslie, is that , in this context, gold is just another currency. But, also, it is the ultimate currency. When all other currencies have fallen, it has remained. There could be an invention to maske undetectable syntheitc gold tomorrow, which will change evrything. Until that happens, having some different currencies -- USD, Yen, Swiss Francs, Gold, Silver, are just other ways of string and transporting excess wealth which can be used as a medium of exchange.
In prisons, in the past, cigarettes were gold -- the ultimate currency. Since tobacco has been outlawed, new currencies have sprung up. Packaged mackeral is now the 'currency' of choice in many fedearl prisons. People lways need a store of wealth and a medium of exchange.
History has long proven that for civilization, gold fits that bill better than any other currency. There are many reasons why, but they don't really matter. The fact remains "Gold is Money" .............
--- On Sun, 1/11/09, Leslie <cayadopi at yahoo.com> wrote:
> From: Leslie <cayadopi at yahoo.com>
> Subject: Re: [Homestead] Chinampas
> To: homestead at lists.ibiblio.org
> Date: Sunday, January 11, 2009, 11:16 AM
> One of the ways to connect the dots between gold and
> homesteading is this............
> Some of those that have acquired wealth ----- wealth as
> measured strictly in terms of USDollars (or other fiat
> currencies), as opposed to what a homesteader properly
> considers wealth --- and while I'm defining things....
> just forget for the purposes of the point I'm trying to
> make of whether the wealth was acuired via production or
> thru deception..... since 99.9% of the rest of the world
> doesn't make that distinction....
> Some of those that have acquired fiat monetary wealth
> recognize the house of cards game is over.... The house of
> cards being the acquisition of wealth thru non-production,
> thru ass-sitting, and the effects it will have on the world
> economies. The house of cards is in the beginning stages
> of of collapse -- so some of those that have acquired fiat
> wealth are running towards owning physical gold in the
> belief (whether their belief is true or not) that this is a
> way to protect their fiat monetary wealth.
> What this rush towards owning physical gold/silver means to
> pure homesteaders and homesteaders that might also be
> farmers, and homesteaders that are still relying on some
> type of outside income to acquire things they can not
> produce ------ is that there is a huge warning sign flashing
> that the method of trade and surviving that all of us have
> known our entire lives even if you are 100 years old - is
> about to change. I'm talking about running to the
> grocery store and being able to use 1/3 of a weeks wages to
> buy groceries that come in from all around the world or
> whatever percent people use depending on their earnings, or
> being able to splurge on a movie, or whatever.
> The rush to gold globally is a very symptom of fear.
> People run to gold/silver when they fear hyperinflation.
> This run to gold isn't happening just in the U.S. but
> around the world. And I'm not talking about the
> average Joe running to gold - average Joe is selling his
> gold at those jewelry parties to those who are attempting to
> preserve their fiat wealth with gold (whether it will work
> or not - that is what they are doing).
> Whether gold can be a store of wealth or not is not as
> material, not as important, as recognizing that rush to gold
> is quite like signaling that the method of trade, the way of
> life that we have known and enjoyed in multiple countries is
> in the beginning phases of going thru a radical change.
> This could wind up being the kind of radical change that
> makes pure homesteaders the wealthy ones (as opposed to
> being looked on as dirt poor). Or it could be the kind
> of change that leads towards a global communist/socialist
> expirement - or who knows what. But it is a warning sign
> that many believe a radical change is in the making.
> The way I look at things, as I embark upon becoming as
> self-sufficient of a producer for self-consumption as I can
> --- is that the rush to gold/silver around the world by the
> wealthy - is signalling that time is running out. I'm
> looking at the things that I can not produce (i.e. a steel
> shovel, sugar, wheat, material for clothes, gas, LP, etc.)
> and wondering what I need to change immediately to prepare
> for this potential change. For example, I have a bicycle
> in case I can't get fuel for the scooter. I'm
> acquiring canning jars, and as many "sustainable"
> things as I can for food production.
> Do I think that owning some gold for the purposes of a
> trade in the event of a hyperinflation is a good idea?
> You betcha!!! Because I know up front I can't produce
> everything I need to survive - and during a hyperinflation
> there will still be those that won't see the collapse
> over the horizon, the collapse after hyperinflation. I do
> not have a crystal ball; I can not foresee what things I do
> not have know that I will need in the future. One thing
> for sure would be medical care.
> Will gold or silver have any fiat money value after a
> hyperinflation - I don't know. But during the
> hyperinflation, I bet it will come in handy.
> Can I eat gold - hell no. I can't even use it as a
> sinker - as there are no little fishies in the desert. :-)
> In a hyperinflation - you need the "right kind of
> Post hyperinflation - that "right kind of money"
> may well very turn out to be an adornment, a trinket, with
> tortillas or rice, or potatos being the symbol of wealth
> again.... On the other hand, if government creates a new
> currency in exchange for gold, it might be useful for that.
> --- On Sun, 1/11/09, Clansgian at wmconnect.com
> <Clansgian at wmconnect.com> wrote:
> "so long as we have enough or the the right kind of
> The Aztecs had plenty of gold, as did the Mayans
> and Incans. But among them it was never money, it was
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